Local developer Perry Dealy unveiled his proposal to replace Qualcomm Stadium in Mission Valley yesterday, a day after the San Diego Chargers called his plans unrealistic in a fax sent directly to him.

The plan calls for a new 70,000-seat stadium with a 16-story hotel, 3.7 million square feet of commercial buildings ranging up to 33 stories, and 5,900 condominiums and apartments in structures that top out at 25 stories.

Media questions at a news conference dealt mostly with the dissension, and Dealy's materials for the media didn't shy away from the opposition. A handout plainly noted that the mayor and the Chargers were not on board with the project.

Dealy called on San Diego Mayor Jerry Sanders to create a task force to study this proposal and others that would keep the Chargers in the county. It was an idea that didn't go over well in the Mayor's Office.

Sanders spokesman Darren Pudgil called such an effort premature and said, “I don't know why we would create a task force to look at a proposal the Chargers say is dead on arrival.”

Despite the opposition, Dealy and others on his team are promoting their idea at City Hall and planning meetings with community groups – for now.

“We'll stay if it looks like the mayor wants to keep it in the limelight, but we don't want to just go uphill with it,” Dealy said.

Team spokesman Mark Fabiani reiterated his skepticism about the proposal Wednesday in a letter to Dealy that said the Chargers do not support the proposal or believe it “has a realistic chance of being implemented” because of its “extraordinary density.”

Dealy said 16 business leaders have been contemplating redevelopment of the Qualcomm Stadium site since January and told Fabiani about their efforts as early as February.

“If the Chargers felt like they were closer to a deal somewhere else in the region, our entire group would join other San Diegans in helping them achieve their goals,” Dealy said. “We're not trying to compete or be independent. We just don't want to lose them.”

Dealy's group includes architect Gordon Carrier, real estate analyst Gary London and lawyers David Watson and Charles Black. Watson was chairman of the Citizens' Task Force on Chargers Issues in 2002 and 2003. Black is the former president of the San Diego Padres.

Dealy said the billion-dollar project could be funded as follows: $566 million through land sales, $302 million from borrowing against new tax revenues from the development, $200 million apiece from the Chargers and the National Football League and potentially another $100 million from San Diego State University.

It's estimated a new stadium would cost $700 million and infrastructure improvement another $300 million. Dealy said the whole project hinges on the area being designated a redevelopment zone.

The Chargers dismissed such a financing vehicle several years ago as legally and politically untenable, but Dealy said a contaminated plume of water under the stadium site clears the way for redevelopment designation.

Dealy said yesterday that without that designation – which would direct tax revenue to the project and away from other government jurisdictions – the concept crumbles.

“This is a big concept, a big vision, and it's a bit overwhelming to people because they're not used to seeing it,” Dealy said.

“What we're trying to lay out here is a vision, not a solution,” Carrier said. “What we're saying to you is, all these possibilities exist if we dream large enough for this site.”